1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9
2 Executive Summary 10
2.1 Global Energy Demand Rejuvenates after a Slight Dip in 2009 10
2.2 Global Power Market – Increasing Focus on Clean Technologies 10
2.3 Global Renewable Market - Government Support to Foster the Sector Growth 10
2.4 Global Biomass Market – Steady Growth Expected in the Period 2010-20 10
2.5 Spain Renewable Sector – Installations to Extend Growth Traction 11
2.6 Spain Biomass Power Market – Gradual Growth Predicted 11
3 Introduction 13
3.1 Carbon Emissions, Global, 2001-2010 13
3.2 Energy Consumption, Global, 2001-2030 15
3.3 Report Guidance 16
4 Renewable Power Market, Global, 2001-2020 18
4.1 Renewable Power Market, Global, Overview 18
4.2 Renewable Power Market, Global, Cumulative Installed Capacity, MW, 2001-2020 18
4.3 Renewable Power Market, Global, Power Generation, GWh, 2001-2020 21
4.4 Renewable Power Market, Global, Installed Capacity Split by Source Type, %, 2010 23
5 Biomass Power Market, Global, 2001-2020 25
5.1 Biomass Power Market, Global, Overview 25
5.2 Biomass Power Market, Global, Installed Capacity, MW, 2001-2020 25
5.3 Biomass Power Market, Global, Power Generation, GWh, 2001-2020 28
6 Power Market, Spain, 2001-2020 30
6.1 Power Market, Spain, Overview 30
6.2 Power Market, Spain, Cumulative Installed Capacity, MW, 2001-2020 30
6.3 Power Market, Spain, Power Generation, GWh, 2001-2020 32
7 Renewable Power Market, Spain, 2001-2020 35
7.1 Renewable Power Market (excluding Hydro), Spain, Overview 35
7.2 Renewable Power Market (excluding Hydro), Spain, Cumulative Installed Capacity, MW, 2001-2020 35
7.3 Renewable Power Market (excluding Hydro), Spain, Power Generation, GWh, 2001-2020 37
7.4 Renewable Power Market (excluding Hydro), Spain, Installed Capacity Split by Source Type, %, 2010 39
8 Biomass Power Market, Spain, 2001-2020 41
8.1 Biomass Power Market, Spain, Overview 41
8.2 Biomass Power Market, Spain, Installed Capacity, MW, 2001-2020 41
8.3 Biomass Power Market, Spain, Power Generation, GWh, 2001-2020 44
8.4 Biomass Power Market, Spain, Major Active Biomass Plants, 2010 45
8.5 Biomass Power Market, Spain, Major Upcoming Biomass Plants 46
9 Renewable Energy Regulatory Framework, Spain 47
9.1 Renewable Energy Policies and Incentives, Spain 47
9.1.1 Feed in Tariffs for Electricity Generation 47
9.1.2 Renewable Energy, Spain, Targets 49
9.1.3 Renewable Energy Plan for 2005-10 (PER) 50
9.1.4 Special Regime for the Production of Electricity from Renewable Energy Sources (Royal Decree 661/2007) 51
9.1.5 Financing for Renewables and Efficiency 52
9.2 Bioenergy, Major Policies and Incentives, Spain 52
9.2.1 Biomass Feed In tariffs 52
9.2.2 Mandatory Biofuel Requirement 52
9.2.3 Excise Duty Reductions for Biofuels 53
9.2.4 Fiscal Incentives for Biofuels Production 53
9.2.5 Investment Subsidies for Biofuels 53
9.2.6 Energy Saving and Efficiency Plan 2008-11 53
10 Biopower Market, Spain, Deals Market Trends 54
10.1 Biopower Market, Spain, Deals Value versus Deal Volume Analysis, 2004-2010 54
10.2 Biopower Market, Spain, Major Deals, 2008-2010 56
10.2.1 Acciona Invests $82 Million for Miajadas Biomass Power Plant in Caceres Province, Spain 56
10.2.2 Ence to Invest $131 Million for Biogas Power Project in Huelva, Spain 57
10.2.3 ArcLight Acquires 16.4 MW Biomass Power Project from Aldesa Group 58
10.2.4 Acciona Sells 25.01% Interest in Endesa to Enel 59
10.2.5 Sinia Renovables Acquires 25% Stake in Adelanta Corporacion 61
10.2.6 Fersa Energias Raises $158 Million 62
10.2.7 Iberdrola Issues 4.125% Bonds Due 2020 for $683 Million 63
10.2.8 ArcLight Acquires 16.4 MW Biomass Power Project from Aldesa Group 64
10.2.9 ArcLight Acquires 8.9 MW Fuente de Piedra Biomass Power Project From Aldesa Group 65
10.2.10 Smurfit Kappa to Invest $2 Million in Biomass Power Plant, Spain 66
10.2.11 Energrup Bio-Renovables to Invest $23 Million in Biogas Project, Spain 67
10.2.12 Eco2 to Invest $135 Million in Osorno Biomass Plant, Spain 67
10.2.13 SENER and Valpuren Comatur Completes Project Financing Of $51 Million for Toledo Biomass Project, Spain 68
11 Company Snapshot - Acciona Energia, S.A. 69
11.1 Company Overview 69
11.2 Business Description 69
11.3 Major Products and Services 71
11.4 SWOT Analysis 72
11.4.1 Overview 72
11.4.2 Acciona Energia, S.A. - Strengths 72
11.4.3 Acciona Energia, S.A. - Weaknesses 74
11.4.4 Acciona Energia, S.A. - Opportunities 74
11.4.5 Acciona Energia, S.A. - Threats 76
11.5 Locations and Subsidiaries 77
11.5.1 Head Office 77
11.5.2 Other Locations & Subsidiaries 78
12 Company Snapshot - Iberdrola Renovables, S.A. 79
12.1 Company Overview 79
12.2 Business Description 79
12.3 Major Products and Services 80
12.4 SWOT Analysis 82
12.4.1 Overview 82
12.4.2 Iberdrola Renovables, S.A. - Strengths 82
12.4.3 Iberdrola Renovables, S.A. - Weaknesses 84
12.4.4 Iberdrola Renovables, S.A. - Opportunities 84
12.4.5 Iberdrola Renovables, S.A. - Threats 85
12.5 Locations and Subsidiaries 86
12.5.1 Head Office 86
12.5.2 Other Locations & Subsidiaries 86
13 Company Snapshot - Endesa, S.A. 89
13.1 Company Overview 89
13.2 Business Description 89
13.2.1 Business Overview 89
13.2.2 Electricity Business in Latin America 89
13.2.3 Electricity Business in Spain and Portugal 92
13.3 SWOT Analysis 95
13.3.1 Overview 95
13.3.2 Endesa, S.A. Strengths 95
13.3.3 Endesa, S.A. Weaknesses 96
13.3.4 Endesa, S.A. Opportunities 97
13.3.5 Endesa, S.A. Threats 98
13.4 Major Products and Services 99
13.5 Locations and Subsidiaries 100
13.5.1 Head Office 100
13.6 Other Locations & Subsidiaries 101
14 Company Snapshot - E.ON Climate & Renewables GmbH 102
14.1 Company Overview 102
14.2 Business Description 102
14.3 Major Products and Services 103
14.4 Locations and Subsidiaries 104
14.4.1 Head Office 104
14.4.2 Other Locations & Subsidiaries 105
15 Appendix 106
15.1 Abbreviations 106
15.2 Methodology 106
15.2.1 Coverage 107
15.2.2 Secondary Research 107
15.2.3 Primary Research 107
15.3 Contact Us 108
15.3.1 Disclaimer 108
List of Tables
Table 1: Carbon Emissions, Global, (Million Metric Tons), 2001-2010 14
Table 2: Energy Consumption, Global, (Mtoe), 2001-2030 16
Table 3: Renewable Power Market (excluding Hydro), Global, Cumulative Installed Capacity (MW), 2001-2020 21
Table 4: Renewable Power Market (excluding Hydro), Global, Power Generation (GWh), 2001-2020 23
Table 5: Renewable Power Market, Global, Installed Capacity Spilt by Technology, (%), 2010 24
Table 6: Biomass Power Market, Global, Installed Capacity (MW), 2001-2020 27
Table 7: Biomass Power Market, Global, Power Generation (GWh), 2001-2020 29
Table 8: Power Market, Spain, Cumulative Installed Capacity, (MW), 2001-2020 32
Table 9: Power Market, Spain, Power Generation, (GWh), 2001-2020 34
Table 10: Renewable Power Market (excluding hydro), Spain, Cumulative Installed Capacity, (MW), 2001-2020 37
Table 11: Renewable Power Market (excluding hydro), Spain, Power Generation, (GWh), 2001-2020 39
Table 12: Renewable Power Market (excluding hydro), Spain ,Installed Capacity Split by Source Type, (%), 2010 40
Table 13: Biomass Power Market, Spain, Installed Capacity, (MW), 2001-2020 43
Table 14: Biomass Power Market, Spain, Power Generation, (GWh), 2001-2020 45
Table 15: Biomass Power Market, Spain, Major Active Biomass Power Plants, 2010 46
Table 16: Biomass Power Market, Spain, Major Upcoming Biomass Power Plants 46
Table 17: PER, Targets for Renewable Energy Plan, Spain, 2005-2010 50
Table 18: Biopower Market, Spain, Deal Value versus Deal Volume Analysis, 2004-2010 55
Table 19: Acciona Invests $82 Million For Miajadas Biomass Power Plant In Caceres Province, Spain 56
Table 20: Ence To Invest $131 Million For Biogas Power Project In Huelva, Spain 57
Table 21: ArcLight Acquires 16.4 MW Biomass Power Project From Aldesa Group 58
Table 22: Acciona Sells 25.01% Interest In Endesa To Enel 59
Table 23: Sinia Renovables Acquires 25% Stake In Adelanta Corporacion 61
Table 24: Fersa Energias Raises $158 Million 62
Table 25: Iberdrola Issues 4.125% Bonds Due 2020 For $683 Million 63
Table 26: ArcLight Acquires 16.4 MW Biomass Power Project From Aldesa Group 64
Table 27: ArcLight Acquires 8.9 MW Fuente de Piedra Biomass Power Project From Aldesa Group 65
Table 28: Smurfit Kappa To Invest $2 Million In Biomass Power Plant, Spain 66
Table 29: Energrup Bio-Renovables To Invest $23 Million In Biogas Project, Spain 67
Table 30: Eco2 To Invest $135 Million In Osorno Biomass Plant, Spain 67
Table 31: SENER And Valpuren Comatur Completes Project Financing Of $51 Million For Toledo Biomass Project, Spain 68
Table 32: Major Products and Services 71
Table 33: Acciona Energia, S.A., SWOT Analysis 72
Table 34: Acciona Energia, S.A., Other Locations 78
Table 35: Major Products and Services 81
Table 36: Iberdrola Renovables, S.A., SWOT Analysis 82
Table 37: Iberdrola Renovables, S.A., Other Locations 86
Table 38: Iberdrola Renovables, S.A., Subsidiaries 88
Table 39: SWOT Analysis 95
Table 40: Major Products and Services 99
Table 41: Subsidiaries 101
Table 42: Major Products and Services 103
Table 43: Other Locations 105
Table 44: Abbreviations 106
1.2 List of Figures
Figure 1: Global Biomass Market, Cumulative Installed Capacity (MW), 2001-2020 11
Figure 2: Carbon Emissions, Global, (Million Metric Tons), 2001-2010 14
Figure 3: Energy Consumption, Global, (Mtoe), 2001-2030 15
Figure 4: Renewable Power Market (excluding Hydro), Global, Cumulative Installed Capacity (MW), 2001-2020 20
Figure 5: Renewable Power Market (excluding Hydro), Global, Power Generation (GWh), 2001-2020 22
Figure 6: Renewable Power Market, Global, Installed Capacity Spilt by Technology, (%), 2010 24
Figure 7: Biomass Power Market, Global, Installed Capacity (MW), 2001-2020 26
Figure 8: Biomass Power Market, Global, Power Generation (GWh), 2001-2020 28
Figure 9: Power Market, Spain, Cumulative Installed Capacity, (MW), 2001-2020 31
Figure 10: Power Market, Spain, Power Generation, (GWh), 2001-2020 33
Figure 11: Renewable Power Market (excluding hydro), Spain, Cumulative Installed Capacity, (MW), 2001-2020 36
Figure 12: Renewable Power Market (excluding hydro), Spain, Power Generation, (GWh), 2001-2020 38
Figure 13: Renewable Power Market (excluding hydro), Spain, Installed Capacity Split by Source Type, (%), 2010 40
Figure 14: Biomass Power Market Spain, Installed Capacity, (MW), 2001-2020 42
Figure 15: Biomass Power Market, Spain, Power Generation, (GWh), 2001-2020 44
Figure 16: Renewable Energy, Spain, Targets 49
Figure 17: Biopower Market, Spain, Deal Value versus Deal Volume Analysis, 2004-2010 54
Companies Mentioned
Acciona Energia, S.A.
Iberdrola Renovables, S.A.
Endesa, S.A.
E.ON Climate & Renewables GmbH
